Laird Price Target Increased to GBX 325 by Analysts at Espirito Santo Investment Bank Research (LRD)
Equities research analysts at Espirito Santo Investment Bank Research hoisted their price objective on shares of Laird (LON:LRD) from GBX 265 ($4.35) to GBX 325 ($5.33) in a research note issued to investors on Thursday, American Banking and Market News reports. The firm currently has a “buy” rating on the stock. Espirito Santo Investment Bank Research’s price target would suggest a potential upside of 14.92% from the stock’s previous close.
Laird (LON:LRD) opened at 302.00 on Thursday. Laird has a 52-week low of GBX 169.90 and a 52-week high of GBX 281.30. The stock has a 50-day moving average of GBX 263.0 and a 200-day moving average of GBX 227.. The company’s market cap is £802.1 million.
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse reiterated an “underperform” rating on shares of Laird in a research note to investors on Thursday, December 12th. They now have a GBX 215 ($3.53) price target on the stock. Separately, analysts at Liberum Capital initiated coverage on shares of Laird in a research note to investors on Thursday, November 7th. They set a “buy” rating and a GBX 290 ($4.76) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Laird in a research note to investors on Friday, November 1st. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company’s stock. Laird currently has an average rating of “Hold” and an average price target of GBX 248.12 ($4.07).
Laird PLC is a holding company. The Company, through its subsidiaries, is engaged in the design, manufacture and supply of products and services to the electronics industry.
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